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Market News

Location American Market News for 10 May 2020
Google Turns Demand Management On Its Head To Cut Data Center Emissions Google inverts demand management to transform the way companies consume power in future, particularly those that operate data centres. "Rather than responding to high demand by shutting things off, Google will respond to...
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Economists Goof Again - Inflate Unemployment Claims By 2,744,124 Phantom Applicants Economists tinker while ignoring the extreme abnormality of the COVID-19 period
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Biotech ETF XBI Among Top Performers

Forbes - 10 May 2020 00:30
Biotech ETF XBI Among Top Performers Biotech ETF XBI among the top performing ETFs this week in terms of fund flows. Rebound in flows to US large-cap ETFs may portend a continuation of the current rally.
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Trump Making The China Lobby Extremely Nervous Multinationals worried Trump pulls a fast one, adding tariffs on China as his "payback" for the coronavirus.
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Investors Disconnect?

Forbes - 10 May 2020 19:20
Investors Disconnect? Despite some negative economic data, the bear market rally continues. This week, the Viper Report's Tom examines the disconnect between the data and market behavior, and looks at some similar disconnects from past bear m...
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BlackRock is about to start buying billions of dollars in corporate bonds for the Fed, reflecting the firm's rise to financial might but also opening it to scrutiny as it as it steers money into companies and industries
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A Nation of Zombie Borrowers Isn't Inevitable

Wall Street Journal - 10 May 2020 18:00
Governments and central banks everywhere are correct in trying to extend more credit to companies that were already loaded up.
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Motorola Remains Top Buy With Jump In Volume Some of our Top Buys and Top Shorts were among the top movers last week. We highlight those names worth following after last week's trading.
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Transcript Of The Russian Behind The Dreaded Trump Tower Meeting Revealed Here is what a man blamed for being a spy working to remove Russian sanctions and reveal dirt on Hillary told House Intel members.
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Seoul's Nightlife Shut In Fresh COVID-19 Outbreak After Lifting Rules On 'Distancing' The South Korean capital's nightclubs and bars have had to close their doors after a cluster of new coronavirus cases were linked to a 29-year-old man who had visited three clubs in Itaewon, a popular nightlife district ...
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America's Smallest Stocks Are Staging a Comeback

Wall Street Journal - 10 May 2020 11:30
Shares of small U.S. companies are racing higher, stirring a debate among investors about how much longer the stock market can keep rallying despite grim economic news.
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U.S. insurers are doing the once unthinkable, turning away business from some Americans who want a life-insurance policy.
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